Merchant House International (ASX:MHI) Equity-to-Asset : 0.79 (As of Sep. 2023)

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What is Merchant House International Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Merchant House International's Total Stockholders Equity for the quarter that ended in Sep. 2023 was A$30.69 Mil. Merchant House International's Total Assets for the quarter that ended in Sep. 2023 was A$38.66 Mil. Therefore, Merchant House International's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.79.

The historical rank and industry rank for Merchant House International's Equity-to-Asset or its related term are showing as below:

ASX:MHI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58 Med: 0.79 Max: 0.89
Current: 0.79

During the past 13 years, the highest Equity to Asset Ratio of Merchant House International was 0.89. The lowest was 0.58. And the median was 0.79.

ASX:MHI's Equity-to-Asset is ranked better than
83.7% of 1086 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs ASX:MHI: 0.79

Merchant House International Equity-to-Asset Historical Data

The historical data trend for Merchant House International's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Merchant House International Equity-to-Asset Chart

Merchant House International Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

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0.71

0.61

0.58

0.84

0.85

Merchant House International Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial															0.79	0.84	0.82	0.85	0.79

Competitive Comparison of Merchant House International's Equity-to-Asset

For the Footwear & Accessories subindustry, Merchant House International's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Merchant House International's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Merchant House International's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Merchant House International's Equity-to-Asset falls into.

Merchant House International Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Merchant House International's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	34.772	/	41.005
	=	0.85

Merchant House International's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	30.686	/	38.66
	=	0.79

Merchant House International (ASX:MHI) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Merchant House International Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Merchant House International's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Merchant House International (ASX:MHI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Merchant House International Ltd (ASX:MHI) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

24 Lee Chung Street, Unit B and C, 10th Floor, E-Trade Plaza, Chai Wan, Hong Kong, HKG

Website

https://www.lorettalee.com.hk

Merchant House International Ltd is engaged in the design, manufacturing, and marketing of home textiles, seasonal and decorative products, and leather shoes. The company's operating segment includes Home textile, Footwear trading, and Footwear manufacturing. It generates maximum revenue from the Footwear trading segment. Geographically, it derives a majority of its revenue from the United States of America.